	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£11,196	£11,364	£11,534	£11,823	£12,118	£58,035
Total Expenses	£8,750	£8,817	£8,875	£8,946	£9,018	£44,406
Profit Before Tax	£2,446	£2,547	£2,659	£2,877	£3,100	£13,629
Profit After Tax	£1,981	£2,063	£2,154	£2,330	£2,511	£11,040
Change In Property Value	£1,750	£5,303	£7,282	£8,520	£6,925	£29,780
Net Return	£3,731	£7,366	£9,436	£10,850	£9,436	£40,819
Return From Rental Income (%)	4%	4%	4%	4%	5%	21%
Total Net Return (%)	7%	14%	18%	20%	18%	76%